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Cramer: News Corp. Is a New Game

If this is going to be a huge international sports play, I want to be in. That's why I think the stock is not down that much given the fact that at one point it was down to 26.

Debra Borchardt: So, right now I guess, if we could make a sports analogy, what inning do you think News Corp. is in right now?

Jim Cramer: I think that because it's splitting, it's going to be a whole new ballgame.

Debra Borchardt: They're going to start over at the beginning ...

Jim Cramer: It's a reset.

Debra Borchardt: New kickoff ... reset ... so OK, there you have it for News Corp., getting a little beat up, but it looks like Jim is siding with them thinking that there is still some promise and some future in the international sports arena.